Spirit Airlines to Furlough 330 Pilots in January 2025
Spirit Airlines has announced plans to furlough approximately 330 pilots starting January 31, 2025, as part of an effort to… Read More »
King Khalid International Airport Sees Record Growth and New Airlines
King Khalid International Airport (RUH), operated by Riyadh Airports Company, is experiencing remarkable growth, serving the Saudi capital and connecting… Read More »
Textron Workers Accept New Contract, Strike Ends
Textron Aviation workers in Wichita have ended their four-week strike after voting to accept an improved five-year contract. Represented by… Read More »
UK Air Passenger Duty Rises 50% for Private Jets
The UK’s revised Air Passenger Duty (APD) rules, revealed on October 30, 2024, introduce increased costs for both commercial and… Read More »
Boeing Launches 90M Common Shares, $5B Depositary Offering
Boeing has initiated a major capital-raising effort with an offering of 90 million shares of common stock and $5 billion… Read More »
Pakistan’s PIA Stake Sale Set for October 30
The Pakistani government is poised to move forward with the sale of a majority stake in Pakistan International Airlines (PIA)… Read More »
Embraer Aircraft Deliveries Soar 33% as Private Jets Lead
Embraer has announced a notable increase in its aircraft deliveries, reporting a 33% rise year-over-year in its latest quarterly results,… Read More »
CDC Links Hot Tubs to Legionnaires’ Disease Outbreaks on Cruises
A recent report from the Centers for Disease Control and Prevention (CDC) has identified private balcony hot tubs as the… Read More »
SpiceJet Faces New Insolvency Cases Amid Settlements
SpiceJet (SG), the low-cost carrier based in Delhi, is facing new insolvency petitions from a lessor and a logistics company,… Read More »
Abra Group Finalizes $1.25 Billion Refinancing Deal
Abra Group, the parent company of Avianca Airlines, GOL Linhas Aéreas Inteligentes, and Wamos Air, has successfully completed two significant… Read More »
Boeing Machinists Reject Contract, Strike Nears Six Weeks
The machinists’ union representing 33,000 striking Boeing workers on the West Coast has rejected Boeing’s latest contract proposal, extending the… Read More »
Aer Lingus to Cut Staff Amid Profitability Issues
Aer Lingus is set to reduce its workforce due to challenges arising from a planned passenger cap at Dublin International… Read More »
Boeing Reports $6.17 Billion Q3 Loss Amid Worker Strike
Boeing has posted a net loss of $6.17 billion in the third quarter of 2024, largely attributed to the impact… Read More »
Preferred Hotels & Resorts Welcomes 24 New Properties
Preferred Hotels & Resorts, the world’s largest independent hotel brand, has announced the addition of 24 new member properties to… Read More »
Lilium Faces Bankruptcy as Subsidiaries Prepare to Fold
Lilium NV, the parent company of Germany’s Lilium (Oberpfaffenhofen) and Lilium eAircraft, is on the brink of bankruptcy, warning that… Read More »
Spotlight on Campinas Viracopos Airport
Campinas Viracopos Airport, serving the southeastern Brazilian city of Campinas, lies about 100km north of São Paulo, Latin America’s second-largest… Read More »
Lufthansa Group Reports Record Q3 Revenue, Profit Margins Decline
The Lufthansa Group posted record revenue in the third quarter of 2024, marking the strongest quarter in its history with… Read More »
Wheels Up Expands Fleet, Secures $330M Credit Facility
Wheels Up (WUP), based in Teterboro, New Jersey, has announced an ambitious fleet modernization strategy aimed at enhancing its service… Read More »
How United Airlines Aims to Surpass Delta as Most Profitable Airline
United Airlines is currently the top-performing U.S. airline stock, with shares up over 80% since January 1, more than twice… Read More »
Cruise Lines Embrace Private Islands to Boost Revenue
Cruise lines are turning to a new type of destination to enhance their revenue streams: private islands. Rather than emerging… Read More »
Judge Blocks Attempt to Reopen Alaska Airlines Merger Case
A U.S. District Court judge has officially denied an application to re-hear a dismissed lawsuit regarding the USD 1.9 billion… Read More »
ASKY Airlines Expands Routes, Builds African Codeshares
Togo-based ASKY Airlines is enhancing its network by adding more nonstop regional routes and forming strategic codeshares with African airlines,… Read More »
Changi Airport Traffic Rises, Driven by Strong Growth in China Flights
Singapore Changi Airport (SIN) reported a strong increase in passenger numbers for the third quarter, with a 10% year-over-year growth… Read More »
LATAM Airlines Orders 10 Boeing 787 Dreamliners, Adds 5 Options
LATAM Airlines Group, the premier passenger and cargo airline group in South America, has announced a significant purchase of 10… Read More »
Global Hotel Rates Expected to Rise Moderately in 2025
According to the Amex Global Business Travel Hotel Monitor 2025 report, global hotel rates are projected to rise in 2025,… Read More »
Qatar Airways Boeing 787 Damaged by Landing Gear Incident at Doha
A Qatar Airways Boeing 787 Dreamliner sustained damage at Hamad International Airport (DOH) in Doha when its right main landing… Read More »